Zhejiang Construction Investment Group Co.,Ltd.’s Net Profit Dropped 42.4% in First Three Quarters of 2023

Zhejiang Construction Investment Group Co.,Ltd. (浙江省建设投资集团股份有限公司) (002761.SZ) reported a net profit of 689.8 million yuan in the first three quarters of 2023, down 42.4% year-on-year.

Meanwhile, the company posted 71.8 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 118.1 billion yuan in total assets and 106.8 billion yuan in total liabilities, with a liability-to-asset ratio of 90.5%.